Altos Market Data for Realtors

Fairplay, MD

Single-Family Homes

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Current active inventory in Fairplay, MD is very low. Keep this in mind when looking at this report.

Fairplay, MD

Wed Apr 24 2024
This week the median list price for Fairplay, MD is $284,950 with the market action index hovering around 41. This is less than last month's market action index of 49. Inventory has held steady at or around 2. Click here to stay informed with the Fairplay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Fairplay, MD

Wed Apr 24 2024
This week the median list price for Fairplay, MD is $284,950 with the market action index hovering around 41. This is less than last month's market action index of 49. Inventory has held steady at or around 2. Click here to stay informed with the Fairplay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Fairplay market.
Median List Price $284,950
Median Price of New Listings $0
Per Square Foot $99
Average Days on Market 133
Median Days on Market 133
Price Decreased 100%
Price Increased 50%
Relisted 50%
Inventory 2
Median Rent
Market Action 41
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$489,900 3,754 1 - 2.5 acres 4 2.5 23 0 0 133
$80,000 1,176 0.5 - 1 acre 3 1 167 0 0 133